Goldman Sachs Bank AG
Risk, Credit Risk, Vice President, Salt Lake City Salt Lake City · · Vice Pres
Goldman Sachs Bank AG, Salt Lake City, Utah, United States, 84193
Job Title:
Risk, Credit Risk, Vice President
Location:
Salt Lake City, Utah, United States
Opportunity Overview
Corporate Title:
Vice President
Office Location(s):
Salt Lake City
Job Function:
Credit Risk
Division:
Risk Division
Global Risk
The Risk division is responsible for credit, market and operational risk, model risk, independent liquidity risk, and insurance throughout the firm.
Job Summary & Responsibilities
Credit Risk ("CR") is a central part of the Goldman Sachs risk management framework, with primary responsibility for assessing, monitoring and managing credit risk at the Firm. Understanding the credit quality of corporations, financial institutions and governments worldwide is an essential aspect of the firm's ability to be an effective financial intermediary. Credit professionals with expertise in financial, credit and risk analysis work closely with many areas of the firm as well as clients in either an advisory or transactional capacity.
Key Responsibilities
Approve counterparty research reviews and internal credit ratings analysis conducted by analysts, including:
Assessment of industry fundamentals, financial strengths, and qualitative factors supporting counterparties' creditworthiness
Financial models to assess the counterparties' ability to service its debt through cash flow projections
Analysis of performance relative to budget and/or underwriting expectations, as well as adherence to covenants
Analyze all credit facilities of the portfolio counterparties and recommend Regulatory Risk Ratings
Present findings and recommendations to senior leadership and escalate issues to CR senior management
Lead efforts to produce ongoing surveillance and prepare portfolio observations for senior management
Update and maintain existing internal rating methodology
Ensure compliance with Credit Risk policy and procedures, and recommend adjustments as needed
Provide industry specific training and review process training to new hires and junior analysts
Opportunity to work on an industry team such as consumer, retail, healthcare, diversified industrials, technology, media and telecommunications.
Basic Qualifications
Bachelor's Degree (US or foreign equivalent) in Business Administration, Finance, or a related field
Five (5) years of experience in the job offered or a related role.
Preferred Qualifications
Experience in financial models including future projections and valuation methods (such as DCF, Multiple based approach)
Experience in presenting and defending research reports and findings to colleagues and senior management
Experience in team environment, including providing training to junior colleagues
Strong analytical and communication skills, both oral and written
Flexibility and ability to learn quickly
Strong organizational skills and the ability to manage multiple assignments concurrently
About Goldman Sachs
At Goldman Sachs, we commit our people, capital and ideas to help our clients, shareholders and the communities we serve to grow. We believe who you are makes you better at what you do and are committed to fostering diversity and inclusion in our workplace.
#J-18808-Ljbffr
Risk, Credit Risk, Vice President
Location:
Salt Lake City, Utah, United States
Opportunity Overview
Corporate Title:
Vice President
Office Location(s):
Salt Lake City
Job Function:
Credit Risk
Division:
Risk Division
Global Risk
The Risk division is responsible for credit, market and operational risk, model risk, independent liquidity risk, and insurance throughout the firm.
Job Summary & Responsibilities
Credit Risk ("CR") is a central part of the Goldman Sachs risk management framework, with primary responsibility for assessing, monitoring and managing credit risk at the Firm. Understanding the credit quality of corporations, financial institutions and governments worldwide is an essential aspect of the firm's ability to be an effective financial intermediary. Credit professionals with expertise in financial, credit and risk analysis work closely with many areas of the firm as well as clients in either an advisory or transactional capacity.
Key Responsibilities
Approve counterparty research reviews and internal credit ratings analysis conducted by analysts, including:
Assessment of industry fundamentals, financial strengths, and qualitative factors supporting counterparties' creditworthiness
Financial models to assess the counterparties' ability to service its debt through cash flow projections
Analysis of performance relative to budget and/or underwriting expectations, as well as adherence to covenants
Analyze all credit facilities of the portfolio counterparties and recommend Regulatory Risk Ratings
Present findings and recommendations to senior leadership and escalate issues to CR senior management
Lead efforts to produce ongoing surveillance and prepare portfolio observations for senior management
Update and maintain existing internal rating methodology
Ensure compliance with Credit Risk policy and procedures, and recommend adjustments as needed
Provide industry specific training and review process training to new hires and junior analysts
Opportunity to work on an industry team such as consumer, retail, healthcare, diversified industrials, technology, media and telecommunications.
Basic Qualifications
Bachelor's Degree (US or foreign equivalent) in Business Administration, Finance, or a related field
Five (5) years of experience in the job offered or a related role.
Preferred Qualifications
Experience in financial models including future projections and valuation methods (such as DCF, Multiple based approach)
Experience in presenting and defending research reports and findings to colleagues and senior management
Experience in team environment, including providing training to junior colleagues
Strong analytical and communication skills, both oral and written
Flexibility and ability to learn quickly
Strong organizational skills and the ability to manage multiple assignments concurrently
About Goldman Sachs
At Goldman Sachs, we commit our people, capital and ideas to help our clients, shareholders and the communities we serve to grow. We believe who you are makes you better at what you do and are committed to fostering diversity and inclusion in our workplace.
#J-18808-Ljbffr